Frightening!!!!!! (Draft Bailout Bill), page 3
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ATS Members have flagged this thread 121 times


reply posted on 20-9-2008 @ 03:17 PM by dgtempe
reply to post by andy1033

Andy, its not THAT complicated. I beleive it says

for us to go stuff ourselves. Its over. Lets see how the "talking" heads spin this one, huh?



reply posted on 20-9-2008 @ 03:25 PM by andy1033
Originally posted by dgtempe
reply to
post by andy1033

Andy, its not THAT complicated. I beleive it says

for us to go stuff ourselves. Its over. Lets see how the "talking" heads spin this one, huh?



What i have learned is that legal documents, speak in a very strict definition of the english language. If i do not know the actual meanings of all the words they use, it is pointless me even reading it. thx.

But i do get the jist of it, obviously like all of us will.


reply posted on 20-9-2008 @ 03:32 PM by Relentless
reply to post by andy1033



Gosh Andy, I honestly think enough of it is in plain english, and those parts are pretty clearly disturbing. Is there for instance a specific phrase you want clarified? Ask away sweetie! I want to make sure everyone understands this stuff, and I'm sure there are others that will help too, as I'm also sure there are others that are wondering the same things, so let's clear them up.

[edit on 9/20/2008 by Relentless]


reply posted on 20-9-2008 @ 03:59 PM by Relentless
reply to post by stander



Or any groups such as WTP who are already suing over the unconstitutionality of the AIG Bailout.

www.wethepeoplefoundation.org...


reply posted on 20-9-2008 @ 04:09 PM by marg6043
As I have been researching to the time line of events with the fed, bail outs and market woes, it seems clear that the Federal Reserve has been wanting more power since the housing bubble crashed.

As early as March Bernanke has been hinting that the fed needs more powers to handle the housing crisis.

Paulson wants market oversight reform, more Fed power+

www.breitbart.com...

Then again in July,

Bernanke Endorses Expanded Authority

www.washingtonpost.com...

Now excuse my conspirators mentality but it becomes more clear that this is been a planned and endorse by the powers behind the government and perhaps the latest collapse in the markets may have been already planned to introduce what we are now looking as a total power of the fed, over congress and with total control of the department of treasury.

People in this board frequently complain that web sites like INFORMATION CLEARING HOUSEare not to be trusted.

But you know what they actually knew back in in March 2008 what kind of powers the Corrupted federal Reserve was seeking.

I don't know about you people but I will never look at Information clearing house the same way again

Paulson's real motive is to preempt the regulatory sledgehammer that is set to descend on the entire financial industry following the 2008 election. There's growing fear that a President Obama may tote his firehose down to Wall Street and flush out some of the debris that has collected in the market's dark corners.
.

So the take over will be done before the next president comes to be because the fed are afraid of an Obama president.?

Interesting.

If Paulson's plan is approved in its present form, Congress will have even less control over the financial system than it does now and the same group of self-serving banking mandarins who created the biggest equity bubble in history will be able to administer the markets however they choose without the annoyance of government supervision. That's exactly what Treasury Secretary and his pals at the Fed want; unlimited power with no accountability.


Incredible that this was already circulating in the internet with nobody wanting to see the truth behind this article

Because people don't like the site?

Read the article people this getting better and better.

www.informationclearinghouse.info...


reply posted on 20-9-2008 @ 04:17 PM by Relentless
I have been requested by FedUpUSA.org to forward this appeal regarding this matter.

Note to Mods: I have full permission to use any material from the board I am linking to, it is the same one I do my weekly reports from.
Hope this is okay (since Gools has said a long quote is okay if there are no copyright issues, and Springer has the permissions from the board this is from for me to use their material). They are just trying to get the word out, as we have so little time, and this is so important.

We need ANYONE with connections in the following areas and we need them NOW:

1. Media (of any kind anywhere)
2. Judges, Attorneys, Academics
3. Congress
4. ANYONE of any stature or power in Washington DC

We need this now. Even if all you can offer is you know someone who knows someone's brother's dog....

We have 72 hours before Hank Paulson takes charge of $800Billion with NO OVERSIGHT, INCLUDING THE ELIMINATION OF ANY POWER OF THE SUPREME COURT OF THE UNITED STATES TO STOP THIS.

YES. YOU READ THIS CORRECTLY.

Read the text for yourself:
www.foxnews.com...
Pay attention to Section 2 Paragraph (b) and Section 8.
Section 8 neuters the SCOTUS completely.

Congress is so scared because of what Paulson and Ben have told them, that they are afraid NOT to. On the other hand, we have it on good authority that many of them are scared to death to neuter the judiciary arm of our government. (As they damn well should be...)

We are right now:

1. Preparing a paper which is going to Congress pointing out each and every every action Hank & Ben have directed Congress to take, which turned out to be not only completely ineffective, but each and every lie they told to get what they wanted. This will be complete with footnotes to DIRECT QUOTES.

2. Preparing a 30-second video aimed at Congress to get the message out NOW. We hope to get this aired on NATIONAL TV ANY WAY WE CAN!

3. A website which will have the entirety of #1 posted where all media and Congress can read it for themselves.


It is understandable if you have these connections and do not want to identify yourself. Please PM me (NOT KARL-he is unavailable right now) and I assure you, that you will remain anonymous.


I also need:

1. A team of people who are willing to compile and write up #1. There is already a good head start on this in General, I believe.

2. A team of people willing to help with trying to contact media through 'normal' channels. This will be a difficult endeavor, but we need it done in case there is no one with 'inside' leverage.


If this Legislation is passed, make no doubt, THIS IS nothing less than a complete coup of our existing government structure. It is irreversible.

----------
"Americans can always be counted on to do the right thing...after they have exhausted all other possibilities." Winston Churchill

Stop the Lies; Stop the Bailouts www.FedUpUSA.org...


www.tickerforum.org...

Contact info:

FedUp-Steph@Denninger.net

I have also given her contact info for WTP, so anyone else who knows other organizations with similar agenda (especially if you actually know a contact person) should send them to her. I really think we all need to band together at this point.


reply posted on 20-9-2008 @ 04:35 PM by Anonymous ATS
www.globalsecurity.org...

Consequence Management Response Force

Beginning Oct. 1 for 12 months, the 1st BCT will be under the day-to-day control of U.S. Army North, the Army service component of Northern Command, as an on-call federal response force for natural or manmade emergencies and disasters, including terrorist attacks.

After 1st BCT finishes its dwell-time mission, expectations are that another, as yet unnamed, active-duty brigade will take over and that the mission will be a permanent one.

They may be called upon to help with civil unrest and crowd control or to deal with potentially horrific scenarios such as massive poisoning and chaos in response to a chemical, biological, radiological, nuclear or high-yield explosive, or CBRNE, attack.



reply posted on 20-9-2008 @ 04:40 PM by kosmicjack
reply to post by marg6043



I love this quote from your link:

No one elected Paulson to do anything. He has no mandate. He is an industry rep. who has worked exclusively for a small group of wealthy investors who have put the entire country at risk with their toxic mortgage-backed bonds, their reckless Ponzi-type speculation, and their off-book chicanery. Paulson should be removed immediately and returned to his wolf's lair at G-Sax. If Bush is serious about straightening out Wall Street, then bring in Eliot Spitzer. He's available. And he'll do what it takes to clean house, that is, put a truncheon-wielding robo-cop in every trading-pit at the NYSE, and dispatch government accountants to every office of every CFO making sure they have a Big Red Pen in one hand and a taser in the other. That's the only way to get the attention of the bandit-class.


It is so clear in retrospect that Spitzer was led to the outhouse by these people. Yes he had his proclivities but they absolutely used them to their advantage in order to remove the biggest obstacle in their way - him.

ATS was so close to connecting those dots last spring but Wall St. exhuberance at seeing him go down prevailed.
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